Mining Demand And Supply Data With Methods Of Economic Statistics
published: Dec. 1, 2014, recorded: October 2014, views: 1867
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This paper presents a data mining approach for demand and supply data arising from economic statistics. It is based on demand and supply functions with different types of price elasticities, which can be used to identify interesting patterns and data dependencies. Constant, directly proportional and linear price elasticities are considered.
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